Rare opportunity to purchase a conforming 10-plex of studio units. Seller has owned and personally managed/maintained for the last 35 years. 12 paved off street parking spots, behind the building w/alley access. Convenient location in the Avenues, near Enloe Hospital and Citrus Elementary School. Fully leased with month to month leases. Tenants have been there from 6 months to 10 years, so current rents are on the low side. Energy retrofit inspection has been done and certificate will be provided. On site coin operated laundry (leased machines).
Sold for $950,000 on 12/19/23
Listing Provided by:
Debbie Maderos DRE #01097412 530-592-3432,
Parkway Real Estate Co.
$950,000
328 W 4th Ave, Chico, CA 95926
--beds
--baths
3,359sqft
Mixed Use
Built in 1980
-- sqft lot
$912,000 Zestimate®
$283/sqft
$1,084 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 20, 2023 at 10:18am
Listing Provided by:
Debbie Maderos DRE #01097412 530-592-3432,
Parkway Real Estate Co.
Bought with:
Matt Depa, DRE #01861484
Re/Max of Chico
Steve Depa, DRE #00813533
Re/Max of Chico
Source: CRMLS,MLS#: SN23201814
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Heating
- Combination
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Electric Range, Disposal, Water Heater
- Laundry: Common Area, Laundry Room
Features
- Laminate Counters, Recessed Lighting, Unfurnished
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,359
- Total interior livable area: 3,359 sqft
Property
Parking
- Total spaces: 12
- Parking features: Asphalt, Off Street
- Uncovered spaces: 12
Features
- Levels: Two
- Stories: 2
- Entry location: street
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 8,712 sqft
- Features: Drip Irrigation/Bubblers, Sprinklers In Front, Sprinklers Timer, Sprinkler System
Details
- Parcel number: 003013046000
- Zoning: R3
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Stucco
- Roof: Composition
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected
Community & neighborhood
Community
- Community features: Gutter(s), Street Lights, Sidewalks
Location
- Region: Chico
Other
Other facts
- Listing terms: Submit